ECONOMY - Why Economic Mobility Hasn't Changed in 40yrs (recap)

"While inequality rose, study finds economic mobility hasn't changed in 40 years" PBS Newshour 1/24/2014

Excerpt

SUMMARY:  Across the last four decades, upward mobility hasn't declined in the United States, but it also hasn't improved, according to a new paper written by a group of economists.  Jeffrey Brown discusses that stagnation and possible contributing factors with Raj Chetty of Harvard University, one of the authors of the study.